About BeatRoute
BeatRoute is a company based in Gurugram (India) founded in 2013 by Alok Thakur, Naveen Jindal, Vinay Singh, and Vivek Gaur.. BeatRoute has raised $179.92 thousand across 1 funding round from investors including Quarizon, Germs Advisory and Innovius. The company has 69 employees as of October 22, 2024. BeatRoute offers products and services including Field Sales App, Distribution Management Software, Customer App, and B2B Influencer App. BeatRoute operates in a competitive market with competitors including Salesforce, HubSpot, Freshworks, SugarCRM and LeadSquared, among others.
- Headquarter Gurugram, India
- Employees 69 as on 22 Oct, 2024
- Founders Alok Thakur, Naveen Jindal, Vinay Singh, Vivek Gaur
- Stage Minicorn
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Sectors
RetailTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Beatroute Innovations Private Limited
- Date of Incorporation 28 Jun, 2016
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$1.21 M (USD)46.58as on Mar 31, 2023
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Net Profit
$39.75 K (USD)161.03as on Mar 31, 2023
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EBITDA
$53.52 K (USD)93.53as on Mar 31, 2023
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Total Equity Funding
$179.92 K (USD)
in 1 rounds
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Latest Funding Round
$179.92 K (USD), Seed
Oct 14, 2016
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Investors
Quarizon
& 2 more
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Employee Count
69
as on Oct 22, 2024
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Products & Services of BeatRoute
BeatRoute offers a comprehensive portfolio of products and services, including Field Sales App, Distribution Management Software, Customer App, and B2B Influencer App. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Empowers sales teams for on-ground business strategy execution
Manages distributors to promote mutual business growth
Enhances dealer and retailer network productivity
Facilitates sales from trade influencers like painters
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Funding Insights of BeatRoute
BeatRoute has successfully raised a total of $179.92K through 1 strategic funding round. The most recent funding activity was a Seed round of $179.92 thousand completed in October 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $179,920
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First Round
First Round
(14 Oct 2016)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2016 | Amount | Seed - BeatRoute | Valuation | Germs Advisory , Innovius |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in BeatRoute
BeatRoute has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Quarizon, Germs Advisory and Innovius. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early & growth stage tech-focused Accelerator and VC firm investing primarily in India
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Founded Year | Domain | Location | |
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Provider of oil & gas, petroleum refining, and chemicals management services
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Founded Year | Domain | Location | |
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Provider of dell dealer in Bangalore, system integrator, and IT Infrastructure Services
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by BeatRoute
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - BeatRoute
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Beatroute Comparisons
Competitors of BeatRoute
BeatRoute operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Salesforce, HubSpot, Freshworks, SugarCRM and LeadSquared, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based CRM and collaboration solutions are provided for enterprises.
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| domain | founded_year | HQ Location |
Provider of AI-powered customer relationship management software
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| domain | founded_year | HQ Location |
Cloud-based business process management suite solutions are delivered.
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| domain | founded_year | HQ Location |
AI-based open-source CRM software is offered for customer lifecycle collaboration.
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| domain | founded_year | HQ Location |
AI-driven CRM and marketing automation platform is provided by LeadSquared.
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| domain | founded_year | HQ Location |
Retail intelligence platform is developed for brands and B2B retailers.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Beatroute
Frequently Asked Questions about BeatRoute
When was BeatRoute founded?
BeatRoute was founded in 2013 and raised its 1st funding round 3 years after it was founded.
Where is BeatRoute located?
BeatRoute is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Who is the current CEO of BeatRoute?
Vinay Singh is the current CEO of BeatRoute. They have also founded this company.
Is BeatRoute a funded company?
BeatRoute is a funded company, having raised a total of $179.92K across 1 funding round to date. The company's 1st funding round was a Seed of $179.92K, raised on Oct 14, 2016.
How many employees does BeatRoute have?
As of Oct 22, 2024, the latest employee count at BeatRoute is 69.
What is the annual revenue of BeatRoute?
Annual revenue of BeatRoute is $1.21M as on Mar 31, 2023.
What does BeatRoute do?
BeatRoute was founded in 2013 and is headquartered in Gurugram, India. An AI-driven platform is offered for managing retail sales and distribution, with components for sales force automation, distributor oversight, and retailer interactions. Field sales, customer profiling, order processing, route optimization, and visual merchandising are supported across sectors such as FMCG, liquor, agri-inputs, consumer goods, and pharmaceuticals.
Who are the top competitors of BeatRoute?
BeatRoute's top competitors include HubSpot, Salesforce and Freshworks.
What products or services does BeatRoute offer?
BeatRoute offers Field Sales App, Distribution Management Software, Customer App, and B2B Influencer App.
Who are BeatRoute's investors?
BeatRoute has 3 investors. Key investors include Quarizon, Germs Advisory, and Innovius.
What is BeatRoute's valuation?
The valuation of BeatRoute is $1.85M as of Oct 2016.
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